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Nov 8, 2012
11/12
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labor department warns the figures were distorted by superstorm sandy. applications declining in one state because the unemployment office lost power during the storm. sandy pushing up applications in other states because those temporarily out of work sought benefits. martha: you may see some people getting jobs as rebuilding begins on the northeast. here is little perspective on the number since december 2007. here is the chart we look at. weekly jobless claims stayed above 300,000. they spiked back in 2009. we're a long way from that number. economists say weekly claims must consistently fall below 375,000. that is shown by yellow line. we've been bumping along it for a long time. to indicate the job market is truly strong enough to move the economy in the right direction to change the overall unemployment number. lately weekly jobless claims have dipped below the line, averaging 372,000 a week this year. this is the fourth time the claims have been under 360 in the past 4 1/2 years. overall, 5 million americans are collected unemployment benefits. tha
labor department warns the figures were distorted by superstorm sandy. applications declining in one state because the unemployment office lost power during the storm. sandy pushing up applications in other states because those temporarily out of work sought benefits. martha: you may see some people getting jobs as rebuilding begins on the northeast. here is little perspective on the number since december 2007. here is the chart we look at. weekly jobless claims stayed above 300,000. they...
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Nov 13, 2012
11/12
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, can they send it directly to sandy victims? >> absolutely. if donors tell us they want their money to be used for sandy we are absolutely going to honor that. you're right, 91-cents of every dollar does go directly to the victims. we have to keep the lights on here and we have overhead costs and we hope people understand that. but if people want their money to go towards sandy relief we will definitely honor that in those ways people have been giving through tell thopbs, donations at stores and grocery stores. that kind of money we know people intend to go toward sandy relief and we are absolutely going to use it for that. martha: i don't know if you can get hot food out to that neighborhood where christian is. i know he would really appreciate it, i know you are doing the best you can and a lot of volunteers are. thank you for being with us today. we appreciate it. bill: jenna lee is coming up happening now. 11 short minutes away what are you be cook up. jenna: the tangled web, the petraeus affair, what is next, why now, we ha
, can they send it directly to sandy victims? >> absolutely. if donors tell us they want their money to be used for sandy we are absolutely going to honor that. you're right, 91-cents of every dollar does go directly to the victims. we have to keep the lights on here and we have overhead costs and we hope people understand that. but if people want their money to go towards sandy relief we will definitely honor that in those ways people have been giving through tell thopbs, donations at...
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Nov 21, 2012
11/12
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the labor department blaming the recent spike in claims on superstorm sandy. last week's numbers were the first time we saw above 400,000 in more than a year. we are learning that has been resides up by 12,000. it was originally reported at 439,000 and was 451,000. that's an 8-month high for reporting. gregg: new applications for unemployment benefits fluctuated between 380,000 and 390,000. jobless claims have stayed above 300,000 and spiked in early 2009. they must fall below 375,000 to indicate the job market is strong enough to lower the unemployment rate. >> unions flexing their muscle. the seiu warns members to expect delays in l.a., and new york and chicago as they negotiate a new contract. black friday shoppers heading to walmart. they could face striking workers there. what are the unions trying to accomplish? >> reporter: they will have maximum public impact. this is the big holiday week. travel big, shopping big. so get out there and demonstrate and have an impact on the public. this is a big opportunity to do just that. let's look at walmart. friday
the labor department blaming the recent spike in claims on superstorm sandy. last week's numbers were the first time we saw above 400,000 in more than a year. we are learning that has been resides up by 12,000. it was originally reported at 439,000 and was 451,000. that's an 8-month high for reporting. gregg: new applications for unemployment benefits fluctuated between 380,000 and 390,000. jobless claims have stayed above 300,000 and spiked in early 2009. they must fall below 375,000 to...
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Nov 9, 2012
11/12
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again, day 11 since sandy struck. martha: we are hearing in new jersey that we've run out of supplies and they have to wait for the supplies to come in so they can do the work in front of them. how about the people who just can't go home at all now, because they have storm damage in terms of housing and shelter? >> reporter: there is a figure right now put out by the federal government. about 95,000 people are looking to fema for housing help because they cannot go home. now we are being hold that although fema is trying to provide hotel rooms and mobile homes, the housing shortage is so critical right now that some of the people who are being given temporary housing now are being relocated as far as 200 miles away from home. and, martha, i'll say very quickly, again a reminder just how critical the housing situation is. i talked to transportation workers who came to new york from bluff flow to get out. they can't get hotel rooms. they are here to restore pour. they have to travel almost two hours each way to upstate
again, day 11 since sandy struck. martha: we are hearing in new jersey that we've run out of supplies and they have to wait for the supplies to come in so they can do the work in front of them. how about the people who just can't go home at all now, because they have storm damage in terms of housing and shelter? >> reporter: there is a figure right now put out by the federal government. about 95,000 people are looking to fema for housing help because they cannot go home. now we are being...
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Nov 15, 2012
11/12
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it has been exaggerated by hurricane sandy. gregg: stu, things could get worse january 1st, when all of these spending cuts and tax increases happen. it is so-called fiscal cliff. put it up on the screen. 158 million americans would be affected by this. the average household, $3500 a year in tax increases. you're talking about 88% of the households are going to see tax increases. if i read the cbo report correctly, they say this will drive us right back into another huge recession, right? >> well you've got two cbo reports. the one you're referring to says, yes, you go over that fiscal cliff, massive tax increases and big spending cuts. you will go into recession. a separate report looks just at what happens if we raise taxes on the top 2%. just on the rich, the top 2%. if we do that, we lose 200,000 jobs next year. factor that into the employment situation, gregg. it's not pretty. gregg: it is not. stuart varney, thanks very much. there is the number, a lot of zeros after that too. stuart, thanks very much. martha: put it in c
it has been exaggerated by hurricane sandy. gregg: stu, things could get worse january 1st, when all of these spending cuts and tax increases happen. it is so-called fiscal cliff. put it up on the screen. 158 million americans would be affected by this. the average household, $3500 a year in tax increases. you're talking about 88% of the households are going to see tax increases. if i read the cbo report correctly, they say this will drive us right back into another huge recession, right?...
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Nov 22, 2012
11/12
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. >> plus, hundreds of volunteers helping sandy victims this thanksgiving. we're live in one of the hardest-hit areas. gregg: and the bombings may have stopped, but how strong is this truce? is it really a truce? will it last for very long? retired four-star general jack keane will be with us in a moment. >> today maybe they won't fire. tomorrow maybe not, but next week, next year, next month? it will come eventually. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ looking back if it wasn't for shriners hospital,. together for your future. things would just be really, really different. i lost my leg when i was a kid. there was a time when i felt like i wasn't going to be able to walk
. >> plus, hundreds of volunteers helping sandy victims this thanksgiving. we're live in one of the hardest-hit areas. gregg: and the bombings may have stopped, but how strong is this truce? is it really a truce? will it last for very long? retired four-star general jack keane will be with us in a moment. >> today maybe they won't fire. tomorrow maybe not, but next week, next year, next month? it will come eventually. americans are always ready to work hard for a better future....
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Nov 14, 2012
11/12
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twenty-five minutes past the hour, chris christie reversing his stand on tax increases after superstorm sandy. the republican has pushed aggressively for cutting and capping taxes. taxes could rise and cindy ravaged areas. and a man prosecutors say confessed to 1979 murder of 6-year-old etan patz. he is waiting behind bars in new york city. and the carmaker says there is a steering defect in several models produced between 2000 and 2011, including the very popular toyota prius and toyota corolla. let's go to my friend who is there with more on that. reporter: i would like to bring in michael sing who is the washington director for north east policy. we have this breaking news on israel. the leading military member of hamas has been killed in gaza. we are going to put that into the mix. here is serious, syria, that war has been raging for 20 months now. now it is starting to spread to other areas. turkey has a refugee issue as will some other areas. jordan, down here, israel and lebanon. this map here, what is your concern? >> welcome one of the things we worry about now are all 20 months of t
twenty-five minutes past the hour, chris christie reversing his stand on tax increases after superstorm sandy. the republican has pushed aggressively for cutting and capping taxes. taxes could rise and cindy ravaged areas. and a man prosecutors say confessed to 1979 murder of 6-year-old etan patz. he is waiting behind bars in new york city. and the carmaker says there is a steering defect in several models produced between 2000 and 2011, including the very popular toyota prius and toyota...
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Nov 28, 2012
11/12
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it was swamped by sandy. their lottery machine isn't working at the moment. no lines, no waiting. nick is going to punch me out a ticket. how is business since you got your machine up and running? >> about normal, actually. >> but a lot of folks in your area probably need this money more than most. >> a lot of people. >> do you expect to see some lines today? >> i think we'll. >> is that my ticket? this could be the one. nick says he wants to split this with me if i win. martha: you know, talk to me about this. the area -- a lot of people have been suffering. and also everybody across the country seems to be look for a win in this thing. >> you know, as the jackpot grows, the number of people playing grows. they sold $300 million worth of tickets since saturday's drawing. so the prize keeps getting bigger. the states that don't have powerball -- arizona may seat longest lines because california doesn't have powerball. people are driving across the border to arizona to buy their tickets. the jackpot could grow higher than $500 million. the lump sum payout over $300 million. there i
it was swamped by sandy. their lottery machine isn't working at the moment. no lines, no waiting. nick is going to punch me out a ticket. how is business since you got your machine up and running? >> about normal, actually. >> but a lot of folks in your area probably need this money more than most. >> a lot of people. >> do you expect to see some lines today? >> i think we'll. >> is that my ticket? this could be the one. nick says he wants to split this with...
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Nov 19, 2012
11/12
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there is a fuel shortage from hurricane sandy. another casualty of sandy, bearer bonds. some on wall street saying a whopping $70 billion in bonds may be lost forever after sandy flooded a huge underground vault. keep an eye on that story. >> houd depart tphershowdy partners, come to hostess twinningee town. watch this. here is your rewards. thanks. yep, you get a big delight in ever bite of hostess twinningees. twinkies. martha: host test presenting a bankruptcy plan looking to shut down 36 plants and sell off the business. the union that may have led to the deat company's closure is hoping that somebody will come in and cleanup soft pieces of this company. there are very big questions about whether employees could still lose and if there are lessons to be learned in the story of th the demise of the twinki. who better to ask, steve moore, and matt mccall. this is a great american franchise, right? they have 18, i think -- maybe more than that patents in terms of original products. steve, whose fault is this. >> you know what is sad, i'm old enough to remember those ads
there is a fuel shortage from hurricane sandy. another casualty of sandy, bearer bonds. some on wall street saying a whopping $70 billion in bonds may be lost forever after sandy flooded a huge underground vault. keep an eye on that story. >> houd depart tphershowdy partners, come to hostess twinningee town. watch this. here is your rewards. thanks. yep, you get a big delight in ever bite of hostess twinningees. twinkies. martha: host test presenting a bankruptcy plan looking to shut down...
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Nov 26, 2012
11/12
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. >> the devastation of superstorm sandy was shocking in the days just after the storm. remember this? >> there was about a six to 8-foot dune at the end of this block. all of that sand and sand up and down the beach has now washed on to ocean avenue here. bill: well, how do things look today? a full month later. rick leventhal is back on the shore. what he has found today may surprise you. he is live there. martha: is compromise possible in egypt? a power grab by the new president there, president morsi, has sparked huge violence over the course of the weekend. is egypt really better off under the new leadership and how could this affect stability in that entire volatile region? >>> next, former israeli ambassador to the united nations dan gillerman joins us in "america's newsroom" live. [ male announcer ] if you're eligible for medicare... now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so
. >> the devastation of superstorm sandy was shocking in the days just after the storm. remember this? >> there was about a six to 8-foot dune at the end of this block. all of that sand and sand up and down the beach has now washed on to ocean avenue here. bill: well, how do things look today? a full month later. rick leventhal is back on the shore. what he has found today may surprise you. he is live there. martha: is compromise possible in egypt? a power grab by the new president...
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Nov 30, 2012
11/12
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these are victims of superstorm sandy. why they are mad and who they are demanding answers from now. melissa: you sit there. you guys are a joke. you guys are a joke. you go home for the holidays. i don't. but you sit there with a smug smile. you know what i wish it was election, it if it was election time you would be worried about the election and not about the people. time to get up and fight for the people. [applause] , remember -- you can stay in and like something... or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. bill: well the tempers, they certainly flared. this town hall meeting for hurricane super sandy victims in staten island, new york. that room packed with several hundred people. they all lost th
these are victims of superstorm sandy. why they are mad and who they are demanding answers from now. melissa: you sit there. you guys are a joke. you guys are a joke. you go home for the holidays. i don't. but you sit there with a smug smile. you know what i wish it was election, it if it was election time you would be worried about the election and not about the people. time to get up and fight for the people. [applause] , remember -- you can stay in and like something... or you can get out...
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Nov 23, 2012
11/12
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gregg: rick, what are shoppers telling you about how sandy is affecting their holidays? >> reporter: well, you know, you mentioned people picking up not just gifts, but essentials. we've seen people buying diapers in here. some people who live in the area are having a hard time finding stuff that they need, so they're coming here to get it. other people are just doing their regular christmas shopping, and some people say they have a little bit of shopper's remorse or guilt as they walk these aisles. listen. >> kind of feel guilty. you feel i'm getting all those things that all those people don't have, so that's why we've been donating a lot of toys, and we try to do everything we can with. everybody should try that. if everybody did that, there wouldn't be so many people that would be hungry. >> reporter: a nice thought on a black frild and a holiday season much different from every other one we can remember. gregg: it surely is. rick leventhal, thanks very much. and one of the most enduring images from superstorm sandy may actually become a permanent fixture on the jers
gregg: rick, what are shoppers telling you about how sandy is affecting their holidays? >> reporter: well, you know, you mentioned people picking up not just gifts, but essentials. we've seen people buying diapers in here. some people who live in the area are having a hard time finding stuff that they need, so they're coming here to get it. other people are just doing their regular christmas shopping, and some people say they have a little bit of shopper's remorse or guilt as they walk...